Hsbc Holdings PLC Raises Stock Holdings in The Estee Lauder Companies Inc. $EL

Hsbc Holdings PLC raised its holdings in shares of The Estee Lauder Companies Inc. (NYSE:ELFree Report) by 11.5% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 488,551 shares of the company’s stock after purchasing an additional 50,346 shares during the quarter. Hsbc Holdings PLC’s holdings in Estee Lauder Companies were worth $51,129,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Vanguard Group Inc. raised its holdings in Estee Lauder Companies by 3.9% in the fourth quarter. Vanguard Group Inc. now owns 27,952,869 shares of the company’s stock valued at $2,927,224,000 after acquiring an additional 1,043,746 shares in the last quarter. State Street Corp increased its holdings in shares of Estee Lauder Companies by 4.2% in the 4th quarter. State Street Corp now owns 11,585,782 shares of the company’s stock valued at $1,213,263,000 after acquiring an additional 467,195 shares during the last quarter. Schroder Investment Management Group raised its position in shares of Estee Lauder Companies by 185.3% during the 4th quarter. Schroder Investment Management Group now owns 8,140,550 shares of the company’s stock valued at $861,596,000 after acquiring an additional 5,286,875 shares in the last quarter. Independent Franchise Partners LLP lifted its stake in Estee Lauder Companies by 1.1% during the fourth quarter. Independent Franchise Partners LLP now owns 7,837,249 shares of the company’s stock worth $820,717,000 after purchasing an additional 83,857 shares during the last quarter. Finally, Bank of New York Mellon Corp boosted its holdings in Estee Lauder Companies by 22.7% in the fourth quarter. Bank of New York Mellon Corp now owns 7,497,179 shares of the company’s stock worth $785,105,000 after purchasing an additional 1,384,678 shares during the period. 55.15% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

EL has been the topic of a number of research reports. UBS Group increased their target price on shares of Estee Lauder Companies from $75.00 to $85.00 and gave the stock a “neutral” rating in a report on Monday, May 4th. Wells Fargo & Company raised their target price on shares of Estee Lauder Companies from $75.00 to $85.00 and gave the stock an “equal weight” rating in a report on Monday, May 4th. Zacks Research upgraded Estee Lauder Companies from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, May 12th. Telsey Advisory Group dropped their price target on Estee Lauder Companies from $105.00 to $90.00 and set a “market perform” rating on the stock in a research report on Monday, May 4th. Finally, JPMorgan Chase & Co. boosted their price objective on Estee Lauder Companies from $98.00 to $99.00 and gave the company an “overweight” rating in a research report on Monday, May 4th. Two research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating, nine have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, Estee Lauder Companies has an average rating of “Moderate Buy” and an average price target of $99.90.

Check Out Our Latest Research Report on EL

Estee Lauder Companies Stock Performance

Shares of NYSE EL opened at $83.84 on Monday. The company has a current ratio of 1.27, a quick ratio of 0.94 and a debt-to-equity ratio of 1.71. The Estee Lauder Companies Inc. has a 12-month low of $66.22 and a 12-month high of $121.64. The stock has a 50 day simple moving average of $83.28 and a 200-day simple moving average of $92.83. The company has a market cap of $30.33 billion, a PE ratio of -119.77, a P/E/G ratio of 0.65 and a beta of 1.27.

Estee Lauder Companies (NYSE:ELGet Free Report) last issued its quarterly earnings results on Friday, May 1st. The company reported $0.91 EPS for the quarter, beating analysts’ consensus estimates of $0.66 by $0.25. The company had revenue of $3.71 billion for the quarter, compared to analyst estimates of $3.69 billion. Estee Lauder Companies had a positive return on equity of 20.66% and a negative net margin of 1.67%.The company’s quarterly revenue was up 4.6% compared to the same quarter last year. During the same period last year, the company earned $0.65 earnings per share. Estee Lauder Companies has set its FY 2026 guidance at 2.330-2.430 EPS. On average, equities research analysts forecast that The Estee Lauder Companies Inc. will post 2.41 EPS for the current year.

Estee Lauder Companies Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Friday, May 29th were paid a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date of this dividend was Friday, May 29th. Estee Lauder Companies’s dividend payout ratio is currently -200.00%.

Estee Lauder Companies Profile

(Free Report)

Estée Lauder Companies Inc (NYSE: EL) is a global leader in prestige beauty that develops, manufactures and markets a broad portfolio of skincare, makeup, fragrance and hair care products. Founded in 1946 by Estée Lauder, the company has grown from a small family business into a multinational consumer-products enterprise headquartered in New York City. Its activities span product research and development, brand and product marketing, manufacturing and global distribution across multiple retail channels.

The company’s portfolio includes a mix of legacy and prestige brands that target different consumer segments and price points, with well-known names such as Estée Lauder, Clinique, MAC, La Mer and Jo Malone among others.

Featured Stories

Want to see what other hedge funds are holding EL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The Estee Lauder Companies Inc. (NYSE:ELFree Report).

Institutional Ownership by Quarter for Estee Lauder Companies (NYSE:EL)

Receive News & Ratings for Estee Lauder Companies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Estee Lauder Companies and related companies with MarketBeat.com's FREE daily email newsletter.